Algorithmics, the leading provider of risk solutions, today announced that it has added Curve Fitting to further strengthen its Solvency II solution to meet the needs of insurance companies. Curt ...

LONDON, May 23-- Towers Watson issued the following news release: Insurance companies across Europe preparing for the implementation of Solvency II risk missing this one-off opportunity to achieve a ...

The primary function of an insurer is the assumption and management of insurance risk. Very commonly, this will involve an insurer passing (or ceding) risk to other (re)insurers or protection ...

“The value of technical provisions should correspond to the amount which another insurance or reinsurance undertaking (the reference undertaking) would be expected to require to take over and fulfil ...

The chairman of the European Insurance and Occupational Pensions Authority has said the reforms of capital adequacy requirements for the insurance sector were “important and needed”. He said: “In 2020 ...

May 4 (Reuters) - The European Commission, regulators and the insurance industry are working on new capital rules, known as Solvency II, due to come into force on Jan. 1, 2013. The rules, which are ...

The European Insurance and Occupational Pensions Authority’s (EIOPA) plan to enforce the ‘hard’ implementation of Solvency II from 1 January 2014 has long been thought an optimistic deadline. Years of ...

Despite less than 15 months to go until the implementation of the new European insurance regulatory regime Solvency II, many firms have yet to start preparing for their Pillar 3 transparency reporting ...

Today, the Council agreed its position (general approach) on amendments to the Solvency II directive, the EU's main piece of legislation in the insurance area. The Council underlined that the ...

More than one in three insurance professionals and fund managers (36 percent) believe asset management companies are unprepared for providing the level of data their insurance clients will require ...